According to a new claim, the world’s largest crypto exchange Binance has secretly carried out many moves regarding its operations in China over the years.
US Commodity Futures Trading Commission (CFTC) by to Binance after the lawsuit notable allegations. started to appear. Presented by the Financial Times (FT) Binance-China connections The ambitious news about the cryptocurrency community was the latest development on the agenda.
seen by FT and the majority 2018 And 2019 occurred in the years to internal communications Based on the news, Binance’s ongoing cooperation with China-based institutions and individuals,their close relationship” It was alleged that he hid it in the past years. In the details presented, internal conversations of Binance personnel who continue to work in China were included.
Binance, 2017 At the end of the year, it declared that it had terminated its operations in the country after pressure from China. In the statements made at that time only a small number of customer service representatives It was emphasized that they do not have any units in China other than
They worked in secret
Although Binance end of 2017 its activities in China as of even though he said he stopped According to the sources reached, the flow continued secretly. In the news presented, the following remarks were made by a Binance official working in the office in China:
Dear folks, please DO NOT wear any clothing or accessories with the Binance logo in or around our office locations. It is strictly prohibited.
The internal correspondence that is the subject of the news is Binance’s Shanghai And Beijingthat their personnel in Turkey are actively continuing their activities, they are hiring staff and throughout this process “they’re hiding” revealed.
According to the documents, an office located in Shanghai, the employee sessions and used for legal activities. Even two years after CEO Changpeng Zhao (CZ) said Binance was leaving China, the company is still holding a meeting in Shanghai. data analyst and one financial trading specialist including staff recruitment performed. According to the allegations, the salaries of these employees are also a chinese bank paid through.
CZ: You can say we don’t have an office in China
The statements of CEO CZ were also included in the internal correspondence presented. Allegedly, CZ In a message addressing staff in China stated how they would make a statement about their office addresses:
We no longer disclose our office addresses. Our employees in China can say that we no longer have any offices here.
On the other hand, according to the internal correspondence in question, Binance gave its employees that it hired at that time. VPN use and in their transactions over the social network. keep their location secret admonished. The Financial Times added that it could not confirm whether these China-based activities, which continued until 2020, are still continuing.
Particularly, in a claim made in the last months of 2019, Binance is in Beijing. opened an office had been suggested. The company, at that time, it is unfounded stated and an untrue speculation had emphasized.